Farmland Partners Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
At the Annual Meeting of Stockholders of Farmland Partners Inc. (the “Company”) held on May 6, 2025 (the “Annual Meeting”), the stockholders of the Company considered four proposals, which are described in detail in the Company’s Definitive Proxy Statement on Schedule 14A that was filed with the Securities and Exchange Commission on March 24, 2025 (the “Proxy Statement”). Holders of 38,612,093 shares of the Company’s common stock, par value $0.01 per share, were present in person or represented by proxy at the Annual Meeting.
The following are the voting results of the proposals submitted to the Company’s stockholders at the Annual Meeting:
Proposal 1: To elect the six director nominees named in the Proxy Statement.
| Director Nominee | For | Withheld | Broker Non-Votes | |||
| Luca Fabbri | 27,201,598 | 536,482 | 10,874,013 | |||
| John A. Good | 19,730,935 | 8,007,145 | 10,874,013 | |||
| Jennifer S. Grafton | 15,250,758 | 12,487,322 | 10,874,013 | |||
| Danny D. Moore | 16,543,958 | 11,194,122 | 10,874,013 | |||
| Paul A. Pittman | 25,385,939 | 2,352,141 | 10,874,013 | |||
| Bruce J. Sherrick | 26,310,205 | 1,427,875 | 10,874,013 |
Proposal 2: To ratify the appointment of Crowe LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2025.
| For | Against | Abstentions | ||
| 38,411,968 | 125,887 | 74,238 |
Proposal 3: To approve (on an advisory basis) the compensation of the Company’s named executive officers.
| For | Against | Abstentions | Broker Non-Votes | |||
| 13,353,163 | 14,045,193 | 339,724 | 10,874,013 |
Proposal 3 did not receive the affirmative vote of a majority of the votes cast in a non-binding vote at the Annual Meeting. While the Company believes that its compensation program is reasonably designed to enable the Company to attract and retain the key talent necessary to deliver on the Company’s strategic objectives, including with respect to the compensation of its named executive officers and especially when compared to the executive compensation paid within the Company’s industry peer group, the Company looks forward to engaging further with its stockholders, and the compensation committee of the Company’s board of directors will consider the results of the advisory vote to ensure that the Company’s approach to compensation continues to align management incentives with the interests of the Company’s stockholders.
Proposal 4: To approve the Fourth Amendment and Restatement of the Farmland Partners Inc. 2014 Equity Incentive Plan.
| For | Against | Abstentions | Broker Non-Votes | |||
| 23,517,901 | 3,948,714 | 271,465 | 10,874,013 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FARMLAND PARTNERS INC. | ||
| May 7, 2025 | By: | /s/ Christine M. Garrison |
| Christine M. Garrison | ||
| General Counsel and Secretary | ||